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    8801 Reed Dr, Unit 105 Emerald Isle, NC 28594

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    For Sale
    $385,000

    Updated 1 bed, 1.5 bath condo with ocean views.

    Property size:
    768 SF

    Property Features for 8801 Reed Dr

    General Information

    Size
    768 SF

    Building Details

    Year built
    1983

    Source: Keller Williams Crystal Coast Agent Judith Ferguson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ocean View Condo For Sale

    This updated condo, located in the Sound of the Sea resort, features one bedroom and one and a half bathrooms. The kitchen includes custom-built cabinets and stainless steel appliances. The open floor plan integrates the great room and dining area, extending to an ocean-side deck. Barn doors provide privacy for the master bedroom and updated bathroom. The property is furnished and currently occupied by a long-term renter, providing immediate income. The property size is 768 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sound of the Sea Lodging The Beach Hive Holiday Apartment Rental

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Nail Salon Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Emerald Isle
    County
    Carteret
    State
    North Carolina
    Longitude
    -77.0513782
    Latitude
    34.6601561

    Nearby Similar for Sale

    • New
      $1,250,000
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      Emerald Isle Beach Duplex

      Second-row beach duplex in Emerald Isle, move-in ready.
      9308 Ocean Dr, Emerald Isle, NC 28594
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    • $2,289,000
      3,072 SF

      Oceanfront Duplex with Inground Pool

      Oceanfront duplex in Ocean Oaks with pool and rental income.
      9519 Ocean Dr, Emerald Isle, NC 28594
      View Details
    • $1,950,000
      Pending

      Oceanfront Duplex in Emerald Isle

      Duplex with rental income potential, steps to the beach.
      7411 Ocean Dr, Emerald Isle, NC 28594
      View Details
    • $390,000
      672 SF

      Renovated Condo with Ocean Views

      Top-floor condo with ocean views, renovated with luxury and comfort.
      9100 Reed Dr, Emerald Isle, NC 28594
      View Details
    • Contact for pricing

      Emerald Isle Commercial Space Available

      Commercial office/retail/studio space in prime Emerald Isle location.
      8752 Reed Dr, Emerald Isle, NC 28594
      View Details

    FAQs

    What type of property is this?
    Short term rental property - Updated 1 bed, 1.5 bath condo with ocean views.
    Where is this short term rental property located?
    The property is located at 8801 Reed Dr, Unit 105 Emerald Isle, NC.
    What is the asking price?
    The asking price for this property is $385,000.
    What are key features of this property?
    This property features: - Ocean view condo in the popular Sound of the Sea resort.; - Income-producing property with long-term renter in place.; - Updated kitchen boasts custom cabinets and stainless steel appliances.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8801 Reed Dr, Unit 105 Emerald Isle, NC 28594
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